List of Flash News about overbought 70
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2025-10-04 00:01 |
RSI 69 Indicates Strong Uptrend, Not Overbought: What Crypto Traders Should Watch for BTC, ETH
According to the source, an RSI reading around 69 is below the classic 70 overbought threshold, indicating strong but not extreme momentum and potential trend continuation, source: J. Welles Wilder; CFA Institute. For crypto traders, RSI above 50 is commonly used to confirm an uptrend, so pullback entries in majors like BTC and ETH are typically preferred over early countertrend shorts until an overbought reading or bearish divergence appears, source: CMT Association; Investopedia. |